Search
Licensed Triplex with Basement Laundry
For Sale
$359,900

1511 E 4th St, Duluth, MN 55812

MULTI-FAMILY, Duluth, MN

Property Size4,244 SF
Lot Size0.16 Acres
Price / SF$84.80
Days on Market8

Property Features for 1511 E 4th St

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 6
Bathrooms 3
Full bathrooms 1
Rooms Bedroom 3, Bathroom 3, Bedroom 1, Basement, Bedroom 5, Bedroom 6, Bathroom 2, Bedroom 4, Bedroom 2, Bathroom 1
Elementary school district Duluth #709
Middle school district Duluth #709
High school district Duluth #709
Directions E on 4th St to 1511 E 4th St
Subdivision LSAR
Standard status Active
APN 010-1480-08130
Size 4,244 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4766

Utilities

Heating system Natural Gas, Oil

Amenities

off-street parking
laundry facilities
secure coded exterior entrance

Building Details

Year built 1905
Floors in Building 3
Number of units 3
Roof type Shingle
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Jordan Decaro · License #40286367|WI79981-94
Added: Sep 8 Changed: Sep 14 Last Checked: Sep 15 at 10:06AM
MLS# 6127851

Copyright © 2026 Lake Superior Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4,244-square-foot triplex contains three licensed rental units within a 0.16-acre property in Duluth. Two units are currently vacant, while the remaining unit is leased through July 30, 2027. The layout also supports owner occupancy in one unit while the others are rented. A current rental license is in place, and the building includes off-street parking plus shared basement laundry accessed through a coded exterior entry.

Constructed in 1905, the property features a shingle roof and natural gas and oil heating. Its 1511 E 4th St location places the triplex near local colleges, medical centers, downtown amenities, and major employment hubs. The basement, parking, and three-unit configuration provide practical features for continued rental use.

Key Highlights

  • Three licensed rental units in a 4,244‑square‑foot triplex
  • Two units are vacant; one is leased through July 30, 2027
  • Shared basement laundry with secure coded exterior access

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Grocery & Convenience Store Barber Shop Computer & Electronic Repair Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,724
Businesses Nearby

Demographics for 55812, MN

10,571
Population
3,954
Households
2.7
Avg Household Size
27
Median Age
60%
College-Educated
98%
High-School Grad
1.9 sq mi
ZIP Area
5,564
Density / Sq Mi
$66,961
Median Household Income
$16,485
Median Earnings
$1,216
Median Rent
$301,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Three licensed units include shared basement laundry and off-street parking.
Where is this triplex located?
The property is located at 1511 E 4th St Duluth, MN.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: Three licensed rental units in a 4,244‑square‑foot triplex; Two units are vacant; one is leased through July 30, 2027; Shared basement laundry with secure coded exterior access
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message